The Undercover Economist Strikes Back: How to Run - or Ruin - an Economy

A provocative and lively exploration of the increasingly important world of macroeconomics, by the author of the bestselling The Undercover Economist. Thanks to the worldwide financial upheaval, economics is no longer a topic we can ignore. From politicians to hedge-fund managers to middle-class IRA holders, everyone must pay attention to how and why the global economy works the way it does.

Adapt: Why Success Always Starts with Failure

In this groundbreaking work, Tim Harford shows us a new and inspiring approach to solving the most pressing problems in our lives. Harford argues that today’s challenges simply cannot be tackled with ready-made solutions and expert opinions; the world has become far too unpredictable and profoundly complex. Instead, we must adapt. Deftly weaving together psychology, evolutionary biology, anthropology, physics, and economics, along with compelling stories of hard-won lessons learned in the field, Harford makes a passionate case for the importance of adaptive trial-and-error....

Fifty Inventions That Shaped the Modern Economy

Fifty Inventions That Shaped the Modern Economy paints an epic picture of change in an intimate way by telling the stories of the tools, people, and ideas that had far-reaching consequences for all of us. From the plough to artificial intelligence, from Gillette's disposable razor to IKEA's Billy bookcase, best-selling author and Financial Times columnist Tim Harford recounts each invention's own curious, surprising, and memorable story.

Misbehaving: The Making of Behavioral Economics

Richard H. Thaler has spent his career studying the radical notion that the central agents in the economy are humans - predictable, error-prone individuals. Misbehaving is his arresting, frequently hilarious account of the struggle to bring an academic discipline back down to earth - and change the way we think about economics, ourselves, and our world.

The Instant Economist: Everything You Need to Know About How the Economy Works

Economics isn't just about numbers: It's about politics, psychology, history, and so much more. We are all economists - when we work, save for the future, invest, pay taxes, and buy our groceries. Yet many of us feel lost when the subject arises. Award-winning professor Timothy Taylor here tackles all the key questions and hot topics of both microeconomics and macroeconomics, so you can understand and discuss economics on a personal, national, and global level.

Scale: The Universal Laws of Growth, Innovation, Sustainability, and the Pace of Life, in Organisms, Cities, Economies, and Companies

Visionary physicist Geoffrey West is a pioneer in the field of complexity science, the science of emergent systems and networks. The term complexity can be misleading, however, because what makes West's discoveries so beautiful is that he has found an underlying simplicity that unites the seemingly complex and diverse phenomena of living systems, including our bodies, our cities, and our businesses.

Perennial Seller: The Art of Making and Marketing Work That Lasts

How can we create and market creative works that achieve longevity? Holiday explores this mystery by drawing on his extensive experience working with businesses and creators such as Google, American Apparel, and the author John Grisham as well as his interviews with the minds behind some of the greatest perennial sellers of our time.

Spencer Perry says:"The Most Comprehensive Book on Making Things, Ever"

Behave: The Biology of Humans at Our Best and Worst

Why do we do the things we do? More than a decade in the making, this game-changing book is Robert Sapolsky's genre-shattering attempt to answer that question as fully as perhaps only he could, looking at it from every angle. Sapolsky's storytelling concept is delightful, but it also has a powerful intrinsic logic: He starts by looking at the factors that bear on a person's reaction in the precise moment a behavior occurs and then hops back in time from there in stages, ultimately ending up at the deep history of our species and its evolutionary legacy.

Principles: Life and Work

Ray Dalio, one of the world's most successful investors and entrepreneurs, shares the unconventional principles that he's developed, refined, and used over the past 40 years to create unique results in both life and business - and which any person or organization can adopt to help achieve their goals.

Every day, we make decisions on topics ranging from personal investments to schools for our children to the meals we eat to the causes we champion. Unfortunately, we often choose poorly. The reason, the authors explain, is that, being human, we are all susceptible to various biases that can lead us to blunder. Our mistakes make us poorer and less healthy; we often make bad decisions involving education, personal finance, health care, mortgages and credit cards, the family, and even the planet itself.

Capitalism and Freedom, Fortieth Anniversary Edition

How can we benefit from the promise of government while avoiding the threat it poses to individual freedom? In this classic book, Milton Friedman provides the definitive statement of his immensely influential economic philosophy - one in which competitive capitalism serves as both a device for achieving economic freedom and a necessary condition for political freedom.

Machine, Platform, Crowd: Harnessing Our Digital Future

We live in strange times. A machine plays the strategy game Go better than any human; upstarts like Apple and Google destroy industry stalwarts such as Nokia; ideas from the crowd are repeatedly more innovative than corporate research labs. MIT's Andrew McAfee and Erik Brynjolfsson know what it takes to master this digital-powered shift: we must rethink the integration of minds and machines, of products and platforms, and of the core and the crowd.

Everybody Lies: Big Data, New Data, and What the Internet Can Tell Us About Who We Really Are

By the end of on average day in the early 21st century, human beings searching the Internet will amass eight trillion gigabytes of data. This staggering amount of information - unprecedented in history - can tell us a great deal about who we are - the fears, desires, and behaviors that drive us, and the conscious and unconscious decisions we make. From the profound to the mundane, we can gain astonishing knowledge about the human psyche that less than 20 years ago seemed unfathomable.

All the Devils Are Here

As soon as the financial crisis erupted, the finger-pointing began. Should the blame fall on Wall Street, Main Street, or Pennsylvania Avenue? On greedy traders, misguided regulators, sleazy subprime companies, cowardly legislators, or clueless home buyers? According to Bethany McLean and Joe Nocera, two of America's most acclaimed business journalists, the real answer is all of the above-and more. Many devils helped bring hell to the economy.

The Undoing Project: A Friendship That Changed Our Minds

Forty years ago Israeli psychologists Daniel Kahneman and Amos Tversky wrote a series of breathtakingly original studies undoing our assumptions about the decision-making process. Their papers showed the ways in which the human mind erred systematically when forced to make judgments about uncertain situations. Their work created the field of behavioral economics, revolutionized Big Data studies, advanced evidence-based medicine, led to a new approach to government regulation, and made Michael Lewis' work possible.

Freakonomics: Revised Edition

Steven D. Levitt is not a typical economist. He is a much-heralded scholar who studies the riddles of everyday life, from cheating and crime to sports and child-rearing, and whose conclusions turn the conventional wisdom on its head. Thus the new field of study contained in this audiobook: Freakonomics. Levitt and co-author Stephen J. Dubner show that economics is, at root, the study of incentives: how people get what they want, or need, especially when other people want or need the same thing.

Economic Facts and Fallacies

Economic Facts and Fallacies is designed for people who want to understand economic issues without getting bogged down in economic jargon, graphs, or political rhetoric. Writing in a lively manner that does not require any prior knowledge of economics, Thomas Sowell exposes some of the most popular fallacies about economic issues, including many that are widely disseminated in the media and by politicians.

Capital in the Twenty-First Century

What are the grand dynamics that drive the accumulation and distribution of capital? Questions about the long-term evolution of inequality, the concentration of wealth, and the prospects for economic growth lie at the heart of political economy. But satisfactory answers have been hard to find for lack of adequate data and clear guiding theories.

How Not to Be a Boy

Looking back over his life, from schoolboy crushes (on girls and boys) to discovering the power of making people laugh (in the Cambridge Footlights with David Mitchell), and from losing his beloved mother to becoming a husband and father, Robert Webb considers the absurd expectations boys and men have thrust upon them at every stage of life.

Economics in One Lesson

Called by H.L. Mencken, "one of the few economists in history who could really write," Henry Hazlitt achieved lasting fame for his brilliant but concise work. In it, he explains basic truths about economics and the economic fallacies responsible for unemployment, inflation, high taxes, and recession.

Life 3.0: Being Human in the Age of Artificial Intelligence

How will artificial intelligence affect crime, war, justice, jobs, society, and our very sense of being human? The rise of AI has the potential to transform our future more than any other technology - and there's nobody better qualified or situated to explore that future than Max Tegmark, an MIT professor who's helped mainstream research on how to keep AI beneficial.

Jason S says:"Deep dive into what a world with superhuman AI may look like"

The Little Book of Market Wizards: Lessons from the Greatest Traders

What differentiates the highly successful market practitioners - the Market Wizards - from ordinary traders? What traits do they share? What lessons can the average trader learn from those who achieved superior returns for decades while still maintaining strict risk control? Jack Schwager has spent the past 25 years interviewing the market legends in search of the answers - a quest chronicled in four prior Market Wizards volumes totaling nearly 2,000 pages.

A Concise Guide to Macroeconomics, Second Edition: What Managers, Executives, and Students Need to Know

In this revised and updated edition of A Concise Guide to Macroeconomics, David A. Moss draws on his years of teaching at Harvard Business School to explain important macro concepts using clear and engaging language. This guidebook covers the essentials of macroeconomics and examines, in a simple and intuitive way, the core ideas of output, money, and expectations.

Publisher's Summary

Author of the extremely popular "Dear Economist" column in Financial Times, Tim Harford reveals the economics behind everyday phenomena in this highly entertaining and informative book. Can a book about economics be fun to read? It can when Harford takes the reins, using his trademark wit to explain why it costs an arm and a leg to buy a cappuccino and why it's nearly impossible to purchase a decent used car. Supermarkets, coffee houses, airlines, insurance companies, and more are sucking money from our wallets. To protect ourselves and our bank accounts, we must better understand why companies do what they do.

This is a basic economic theory book which is logical and substantiated. The reader has a very British accent, is entertaining but somewhat monotone. I recommend this book if you are a little rusty on economics. Most of us would be best to hear this to support our own political views or possibly to change our political views. The book also answers many questions; why are poor nations poor? Why is China so successful as compared to India? What happened to India previously? What are negative externalities? What are the problems with the American and British health plans and what is the best way to solve the insurance problem? He is both conservative and sometimes liberal, so we can say middle of the road. He is fair. Sometimes the book is humorous at least as much as an economics text can be.

Harford explains lucidly how the free market determines how resources are allocated, why it seems to work well much of the time, why it fails under some circumstances, and what sort of government actions would appropriately address those failures. Much of the latter half of the book is devoted to the effects of increased global trade, including a whole chapter on the miraculous success of China. I didn't find all of it well argued; for example, his argument that globalization is not significantly harmful to the environment was painted in broad strokes and not well-supported. But overall, this book is an enjoyable elucidation of the world's dominant economic model, and should be read by anyone who... well, votes.

Very good treatment of the economic concepts that we often ponder but for which we have no definitive solutions. Using an inductive approach the author explains a simple model for defining scarcity and its effects and then applies it to a number of tangential yet relevant areas. Very mind expanding for the economically curious.

Computer Programmer and Worship Leader. Have enjoyed reading since my mom got me hooked on Nancy Drew and Agatha Christie prior to my teen years. My brother got me hooked on audio books after I started having a longer commute to work.
Love a variety of genres.

I listened to this audiobook over a year ago and can't believe how many things in life I've seen that ring true with what the author has to say in this book. I actually found myself re-listening to parts of the book - somethig I almost NEVER do!

Probably the most interesting treatise in the book is the discussion about why poor countries stay poor. Having traveled to Cambodia recently, and to Russia right after the fall of Communism, the things the author said about this topic really seemed to hold water. However, had I not read this book, I never would have seen the common thread between the two.

In some ways, this book reminds me of "Freakonomics", but seems more profound and well thought out.

Liked it so well, that I bought his other audiobook.

Only criticsim (and a small one) is that the author can tend to "overexplain" his position. But, it's a small issue - and the book's content and benefit easily transcend this issue.

I was very disappointed in this book and want my 10 hours back....you can keep the money! was embarrassed for anyone who listens to this who doesn't know that supply and demand are basic to economics which is lectured about over and over again in this book. I was pulled in by the idea that essays were going to clue me in to stuff I didn't already know but this was not the case. Honestly, I was appalled at the dumb-downedness of this book and could have overlooked this if there were more than just a few interesting facts about products and how they are sold. Disappointed.

Making the dismal science a little less dismal is something the Undercover Economist has accomplished. As a fan of boring books, I found this one a little less boring. The biggest problem is that the recording was completed in 2005. Many aspects related to economics changed greatly post-recession of 2008 and therefore seem a little less realistic. The reader is excellent. I could listen to him read the phone book!

I would absolutely recommend this book. Listen to this book, and you can skip your undergrad Econ 101 course - you'll already know everything in it, without ever having to draw a single supply-and-demand graph.

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Tim Harford is an incomparable master of clear and simple, yet effective explanation of difficult concepts.

Really enjoyed his discussion about markets, both their power and limits. Harford doesn't try to explain too much with his theories, and the conclusions he does draw are well supported. If you like books like Freakonomics, you will like this as well.